Category Archives: Foreclosure

Foreclosure Inventory Falls 19.5% in 2012

        The national foreclosure inventory fell 19.5% in 2012.  This is in part to the banks being more receptive to short sales and streamlining the process so that it takes less time to execute a short sale.  Banks for the most part have staffed their short sale departments since they’ve learned a short […]

Foreclosure And Short Sale Waiting Periods Before Buying A Home Again

Okay. The hurt is over.  You’ve moved on to a new home after losing your home to foreclosure or a shortsale.   But now your situation has improved and you’re now thinking about owning a home again in the future but how long will the credit world hold your traumatic event against you?  Well there’s several […]

Foreclose or not to Foreclose. Who do we Believe?

Fannie Mae in August issued a warning to the banks and companies who service their loans that if they don’t’ pick up the pace on the foreclosure process, they will be sued. Freddie Mac hasn’t officially issued a similar statement but you can bet it’s forthcoming. Here’s the confusing part of it all, the U.S. […]